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SBI, DLF: Trading strategies for rate sensitive stocks post RBI policy

Selective rate sensitive stocks may rise up to 12 per cent

Avdhut Bagkar Mumbai
RBI, interest rate hike, repo rate
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RBI monetary policy

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Shares of rate sensitive stocks will be in limelight following the decision of RBI Monetary policy to hold the rates unchanged for the second consecutive meeting. 
Shares of Bajaj Auto set a new historic peak, State Bank of India and Axis Bank were seen trading with strong bullish bias on Thursday. Likewise, DLF and Bajaj Finserv traded sideways.
Nifty Bank index achieved a new all-time high on Thursday, with sentiment building robust structure. 
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First Published: Jun 08 2023 | 12:18 PM IST

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